1
Home services marketplace Urban Company and wearables brand boAt have received a green light from the Securities and Exchange Board of India (SEBI) to tap the public markets.
Urban Company, which filed its draft red herring prospectus (DRHP) in April this year, is set to raise about Rs 1,900 crore through its initial public offering. The issue comprises a fresh issue of shares worth Rs 429 crore and an offer-for-sale (OFS) of Rs 1,471 crore by existing shareholders.
The Urban Compnay’s IPO is expected to provide partial exits to Accel, Elevation,…
